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It stands for Financial Services Boardthat is responsible for oversight all issues related to investing and general financial questions, except banking activities.
FSB regulates Johannesburg stock exchange and it is independant.
Established inthey are continuously working on expanding their services, such as lately added FAIS in Financial Advisory and Intermediary Services that contributes in preventing money laundering. Their intention is to maintain a secure place for financial trading in the country.
FSB supervises financial market and has a department that deals with customers complaints and protect investors rights. Some might say that binary options trading legal South Africa is similar to gambling, however it is not true.
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